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HSBC Issues A$1.5 Billion in Subordinated Notes

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HSBC Issues A$1.5 Billion in Subordinated Notes

HSBC Holdings ( (GB:HSBA) ) has shared an announcement.

HSBC Holdings plc has issued A$1.5 billion in subordinated unsecured notes under its A$10 billion Debt Issuance Programme. The issuance includes A$550 million in Fixed-to-Floating Rate Notes and A$950 million in Floating Rate Notes, both due in 2035. These notes are set to be listed on the Euronext Dublin, which could enhance HSBC’s financial flexibility and market presence.

More about HSBC Holdings

HSBC Holdings plc, headquartered in London, is the parent company of HSBC. It operates globally, serving customers in 58 countries and territories. With assets totaling US$3,017 billion as of December 31, 2024, HSBC is one of the largest banking and financial services organizations worldwide.

YTD Price Performance: 8.85%

Average Trading Volume: 26,061,587

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £152.1B

Learn more about HSBA stock on TipRanks’ Stock Analysis page.

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